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Bunkerspot June / July 2018

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1 Jun 2018  

DISRUPTIVE INNOVATION
ADAPTING TO RADICAL CHANGE

 

Credit Management

As Nikolaos Deonas of Infospectrum discusses, in today’s business environment of paper thin margins and falling bunker volumes, the credit manager has a challenging, evolving – and pivotal – role.

Shipping Finance

Paul Taylor and Alexandre Amedjian of Societe Generale and Karianne Tieleman of ABN AMRO talked to Lesley Bankes-Hughes about the banks’ participation in the EIB’s Green Shipping Guarantee programme – and also provided their own perspectives on how banks can, and
should, support shipping’s green agenda.

Fuel Measurement

As more LNG-fuelled vessels enter the global fleet, Emerson’s Mark Spee and Naveen Hegde explain how Coriolis flow meter technology is being used to address the challenges of fuel measurement in the LNG custody transfer process.

2020 Global Sulphur Cap

Luca Volta, Marine Fuels Venture Manager, ExxonMobil, talks to Lesley Bankes-Hughes aboutthe company’s recently-announced plans to roll-out its new 0.50% sulphur fuels in key supply locations.

LNG

Alexander Prokopakis has a bold plan to set up an independent global marine LNG physical supply operation – which includes the construction of seven oceangoing bunker vessels – by 2022.

New Fuels

A Norwegian company has developed a process that can transform plastic waste into low carbon diesel. Kjetil Bøhn of Quantafuel explains the science behind it.

Fuel Tagging

Stuart Hall of Forecast Technology explains that the development of a synthetic DNA-based tracing technology, which applies a unique ‘fingerprint’ to fluids, offers fast, accurate and cost-effective identification of fuel and oil samples.

Fuel Hedging

Mike Corley of Mercatus Energy Advisors suggests that option spreads and three-way collars could be used to mitigate exposure to distillate prices ahead of the 2020 global sulphur cap.

Fuel Monitoring

The FUELTRAX fuel management solution is on the move. The newly-launched Mobile Measurement Unit (MMU) is an integrated mass flow meter in a system designed for monitoring and remotely reporting any custody transfer performed at any location.

Regional Overview: West Africa

West Africa is a complex bunker market. Offshore supply has developed as a result of onshore infrastructure and bureaucracy challenges. However, as Rhys Berry discusses, the region is now making headway in tapping into the potential of its marine fuels industry.

Piracy – Gulf of Guinea

Pirate attacks are on the rise in Nigerian waters. As James Wilkes of Gray Page highlights, shipowners bear a substantive responsibility to do more to improve the security of their vessels and ensure the safety of their seafarers.

Bunker Claims

Bunker claims and disputes can be costly and time-consuming processes. As Nigel Draffin explains, adopting a sensible, informed and pragmatic approach in handling claims is the best way to achieve equitable resolutions.

Portugal Shipping Week

Portugal Shipping Week will showcase the country’s role as a global shipping and logistics maritime centre while also highlighting Lisbon’s soaring prominence as a cruise ship destination and vibrant bunkering hub.

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